Study options

Master's Programme in Business Analytics

Studying in the Master’s Programme in Business Analytics gives students a unique combination of skills in leadership, business, and technology. Programme graduates are future leaders of the digital and sustainable era. The programme provides students with in-depth knowledge about data-based decision-making and analytics and allows them to specialise in different business domains.
Two Aalto University students on the campus in Otaniemi.

Degree:

Master of Science (Economics and Business Administration)

Application period:

1.12.2021 – 3.1.2022

Language of instruction:

English

Duration:

2 years, full-time

Eligibility:

Relevant Bachelor's degree

Field of study:

Business and Economics

Credits:

120 ECTS

Organising school:

School of Business

Tuition fees:

For non-EU/EEA citizens, €15000/y (Master’s studies)

The application period will open 1.12.2021 09:00 (UTC+2)

Objectives of studies

Studying in the Master’s Programme in Business Analytics offers students a unique combination of skills in leadership, business, and technology. The programme fits industry and future needs, and graduates are innovative leaders of the digital and sustainable era. The programme provides students with in-depth knowledge about data-based decision-making and analytics and allows them to specialise in different business domains. Aalto University ranks 1st in Finland and 3rd in the Nordic countries in Financial Times’ European Business Schools 2020 ranking.

Both teaching and research are state-of-the-art, ensuring that upon graduating from the Business Analytics Programme, graduates will have:

In-depth knowledge of advanced data analytics and business intelligence. Graduates possess essential knowledge of data-driven decision-making and problem-solving.

A holistic understanding of sustainable business. As sustainability is at the core of all thriving businesses, graduates will be specialists in sustainable business decision-making.

Necessary leadership skills. Graduates are great communicators and thoughtful leaders of diverse teams.

Analytical thinking and decision-making skills. Graduates are critical thinkers who analyse business decisions based on data.

Language of instruction

The Master’s Programme in Business Analytics is taught in English. Students from all cultural and language backgrounds are invited to study in this programme.

Structure of studies

Overall, the Business Analytics Programme comprises a total of 120 ECTS credits. The two-year programme consists of:

  • Business Analytics studies including analytics, programming, and data management (60 ECTS), includes Master's Thesis (30 ECTS)
  • Specialisation in your chosen business domain (30 ECTS)
  • Electives (30 ECTS) which can include exchange studies or internship

Content of studies

In the first year of studies, students will develop a solid foundation for expertise in business analytics. Courses in for example information management and artificial intelligence are also available. In the second year, students specialise in a specific business domain such as Marketing Analytics, Supply Chain Analytics, Accounting Analytics, or HR Analytics. Students can also choose a minor, for example, Artificial Intelligence or Information Technology.

While the main theme of the programme is business analytics, the programme also covers a series of important topics, such as business intelligence, information management, artificial intelligence, and sustainable business. These topics are taught on courses like:

  • Business Analytics (6 ECTS)
  • Data Science for Business (6 ECTS)
  • Predictive Analytics (6 ECTS)
  • Data-Driven Business (6 ECTS)
  • Capstone: Business Intelligence (6 ECTS)

The world really needs solution-oriented experts who understand and explain technical details and connect analytics with business needs.

Alena Pasynkova, Student

Personal Study Plan (PSP)

The Personal Study Plan (PSP) is a practical tool to define a student’s own study path, compiling an optimal selection of courses that are aligned with the student's interests and programme requirements. The PSP is also a useful tool for students to keep track of their studies. It shows where students are with their studies and sets concrete milestones for them to follow.

Internationalisation

About 40% of the students are international and the studies give graduates good opportunities for working in international businesses.

Aalto University is international by nature, welcoming thousands of degree and exchange students from abroad every year. These students join the diverse Aalto community not only through studies but also via multiple free time events, activities, and celebrations around the campus. Programme administrators, active student tutors, and student support services work rigorously to help international students integrate into the Nordic culture and welcome them at home in Finland.

Multidisciplinary opportunities

To complement the program’s already vast skillset, we encourage students to enroll in courses from other programmes such as artificial intelligence, machine learning, or industrial engineering.

Aalto University is well-known for bridging disciplines of business, arts, technology, and science. The lively campus and freedom to choose elective courses across the University bring students from different fields under one roof. This spontaneous multidisciplinary environment sparks new ideas, generates enthusiasm, and creates lifelong friendships, powerful networks, and every so often, innovative startups.

Career opportunities

The existing strong demand for analytics students with strong business knowledge will only grow in the future. Collaborative  courses with companies and alumni offer opportunities to work on real-life cases and network with industry leaders. Most students do their Master’s thesis commissioned by their employer. The Master’s Programme in Business Analytics will allow students to personalise their professional profile. Possible positions immediately after graduation include:

  • Business analysts and business intelligence specialists
  • Analytics and M&A consultants
  • Quantitative marketing analysts
  • Product analysts
  • Business controllers
  • Data scientists

In the later career stages the ability to understand data and analytics gives a unique advantage to advance to top management positions.

Aalto University has well-established career services through which you can get employed in Finland and elsewhere. Aalto students tend to find fulfilling positions with ease after graduation. Aalto also has an active entrepreneurship community, which can serve as a springboard for founding student startups.

Chat with Aalto students

Are you wondering what it is like to study at Aalto University? Or what student life is like at Aalto’s vibrant Otaniemi Campus or at the Mikkeli Unit? Sign up and start chatting with our Unibuddy students about all things Aalto!

Chat with our students!
Group of students

Post graduate opportunities

The Master’s programme in Business Analytics at Aalto is considered a great foundation for doctoral studies and post-doc positions.

Admission dates

The admissions to Master's programmes at Aalto University in the field of Business and Economics are organised once a year. The application period for studies starting in autumn 2022 is from 1 December 2021 to 3 January 2022.

Here are the most important dates to remember:

  • 1 December 2021 – Application period begins and online application system opens
  • 3 January 2022 – Application period ends and the online application system closes
  • 29 March 2022 – Admission results are published at the earliest
  • 20 April 2022 – Deadline for accepting the offered study place

Programme-specific Admission Requirements

In addition to these programme-specific admission requirements, applicants must also fulfill the general admission requirements.

Admission group 1: Bachelor’s degree from a university in Finland

Relevance of previous studies

 
What is evaluated? Previous studies
Admission requirements

Required previous studies

To be considered for admission the applicant must have completed at least 18 ECTS credits of studies that give ability to start the advanced studies in the programme. The credits completed in the following subjects, or subjects that the Aalto University School of Business considers to be corresponding, may be considered: Analytics, Management Science, Information Systems Science, Computer Science, Business Mathematics and Statistics. Theses or internships cannot be included in these credits. The previous credits in the core area of the programme giving the ability to start the advanced studies are assessed by a representative of the programme.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)

 

Academic performance

 
What is evaluated? Grades of the previous degree(s)
Admission requirements

Applicants with a weighted GPA of previous degree lower than 3.50 are not eligible for admission.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality

Critical (0 points = rejection)

 

Academic performance

 
What is evaluated? Amount and weighted GPA of previous studies
Admission requirements

Amount and weighted GPA of previous studies giving the ability to start the advanced studies. Applicants with a weighted GPA of previous studies giving the ability to start the advanced studies lower than 3.50 are not eligible for admission.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality

Critical (0 points = rejection)

 

Suitability

 
What is evaluated? Motivational letter and CV
Admission requirements

The letter is written in English and the maximum length of the letter is 4000 characters (including space characters).

Evaluated documents Motivation letter and CV
Criticality

Not critical (0 points does not mean rejection.)

 

Admission group 2: Bachelor’s degree from a university of applied science in Finland or from a higher education institution abroad

Relevance of previous studies

 
What is evaluated? Previous studies
Admission requirements

Required previous studies

To be considered for admission the applicant must have completed at least 24 ECTS credits of such studies that give ability to start the advanced studies in the programme. The credits completed in the following subjects, or subjects that the Aalto University School of Business considers to be
corresponding, may be considered: Analytics, Management Science, Information Systems Science, Computer Science, Business Mathematics and Statistics. Theses or internships cannot be included in these credits. The previous credits in the core area of the programme giving the ability to start the advanced studies are assessed by a representative of the programme.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality Critical (0 points = rejection)

 

Academic performance

 
What is evaluated? Overall evaluation of previous studies
Admission requirements

Applicants must demonstrate good academic performance.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality

Critical (0 points = rejection)

 

Academic performance

 
What is evaluated? Amount and weighted GPA of previous studies
Admission requirements

Amount and weighted GPA of previous studies giving the ability to start the advanced studies. Applicants with a weighted GPA of previous studies giving the ability to start the advanced studies lower than 3.50 are not eligible for admission.

Evaluated documents Transcript(s) of records, degree certificate(s)
Criticality

Critical (0 points = rejection)

 

Standardized tests

 
What is evaluated? Analytical and quantitative skills
Admission requirements

GMAT or GRE is obligatory in admission group 2 (minimum score 600 in GMAT or equivalent GRE score).

Evaluated documents GMAT/ GRE test results
Criticality

Critical (0 points = rejection)

 

Suitability

 
What is evaluated? Motivational letter and CV
Admission requirements

The letter is written in English and the maximum length of the letter is 4000 characters (including space characters).

Evaluated documents Motivation letter and CV
Criticality

Not critical (0 points does not mean rejection.)

Contact

In case of programme-specific questions and inquiries, please contact [email protected].

If you have questions about the admissions or application instructions, you can reach out to [email protected].

More information on Master's Degree Programmes

The application period will open 1.12.2021 09:00 (UTC+2)

  • Published:
  • Updated:
Share
URL copied!